I bought PSLV the day it opened and did quite well on it. However, I just sold recently because the premium on it (its a closed end fund) ended up around 14%. This versus around 8% for CEF and 2% for GTU. I figure I made selling just on the premium alone. I think they will raise more money by selling more shares soon and if they do, the share price should fall back like usually happens shortly thereafter with a much smaller premium(e.g., as it does with CEF, GTU when they do the same thing). So for those who like these kind of funds, keep you eyes on it.